248 Balby Road Doncaster South Yorkshire DN4 0QH

248 Balby Road
Doncaster
South Yorkshire
DN4 0QH

Freehold Retail/Betting Office Investment

  • Let to William Hill Organization Ltd and
  • SL Trading (Yorkshire) Limited
  • Prominent position fronting the A630 Balby Road, one of the main arterial routes for Doncaster
  • Approximately 221.29 sq m (2,382 sq ft)
  • Benefits from shared parking to the rear
  • Nearby occupiers include Coral, McDonald’s and Lidl Supermarket
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    42
  • Auction
    12th February 2015
  • Rent
    £25,500 per Annum Exclusive
  • Status
    Sold
  • Price
    £280,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of Administrators
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Retail/Betting Office Investment

  • Let to William Hill Organization Ltd and
  • SL Trading (Yorkshire) Limited
  • Prominent position fronting the A630 Balby Road, one of the main arterial routes for Doncaster
  • Approximately 221.29 sq m (2,382 sq ft)
  • Benefits from shared parking to the rear
  • Nearby occupiers include Coral, McDonald’s and Lidl Supermarket
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 42
  • Auction 12th February 2015
  • Rent
  • Status Sold
  • Price £280,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of Administrators

Property Information

Location
Miles
19 miles north-east of Sheffield
28 miles south-east of Leeds
43 miles south of York
Roads
M18 (Junctions 3 & 4), A1 (M) (Junctions 36 & 37)
Rail
Doncaster Railway Station (1 hour 49 minutes to London Kings Cross)
Air
Robin Hood Airport Doncaster Sheffield & Leeds Bradford Airport
Situation

The property is prominently situated fronting the busy A630 dual carriageway, linking Doncaster town centre (approximately 1.4 miles to the east) with the A1 (M) to the south-west.

Tenure

Freehold.

Location
Miles
19 miles north-east of Sheffield
28 miles south-east of Leeds
43 miles south of York
Roads
M18 (Junctions 3 & 4), A1 (M) (Junctions 36 & 37)
Rail
Doncaster Railway Station (1 hour 49 minutes to London Kings Cross)
Air
Robin Hood Airport Doncaster Sheffield & Leeds Bradford Airport
Situation

The property is prominently situated fronting the busy A630 dual carriageway, linking Doncaster town centre (approximately 1.4 miles to the east) with the A1 (M) to the south-west.

Tenure

Freehold.

Description

The property comprises two single storey retail units, which form part of a larger retail parade. There is a small car park to the rear which is shared with the adjoining properties.

Note
This property is being marketed for sale on behalf of Administrators and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Administrators to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Administrators are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises two single storey retail units, which form part of a larger retail parade. There is a small car park to the rear which is shared with the adjoining properties.

Note
This property is being marketed for sale on behalf of Administrators and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Administrators to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Administrators are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x. Reviews
248 Betting Office
110.74 sq m
(1,192 sq ft)
WILLIAM HILL ORGANIZATION LTD t/a William Hill (1) 20 years from 30/04/2009 until 29/04/2029 on a full repairing and insuring lease (2) £13,500 30/04/2014 and five yearly
248A Retail
110.55 sq m
(1,190 sq ft)
SL TRADING (YORKSHIRE) LIMITED t/a Bargain Beers 6 years from 08/10/2014 until 07/10/2020 on a full repairing and insuring lease (3) £12,000 (4) 07/10/2015 and 07/10/2016 (5)
Totals  
221.29 sq m
(2,382 sq ft)
    £25,500  

(1) Founded in 1934, William Hill employs more than 17,000 people in nine different countries and is the UK’s largest bookmaker, with a network of over 2,400 licensed betting shops across the country. (Source: www.williamhillplc.com129/01/2015)
(2)The lease provides for a tenant option to determine on 30th April 2019 and 30th April 2024, subject to 6 months prior written notice.
(3)The lease provides for a tenant option to determine on 7th October 2017, subject to 6 months prior written notice.
(4)The tenant is currently benefiting from a rental concession due to expire on 7 April 2015. From 8 April 2015 the rent will increase to £12,000 p.a.x. The seller has agreed to adjust the completion monies so that the unit will effectively produce £12,000 p.a.x. from completion of the sale
(5)The rent will be increased to £12,500 from 7th October 2015 and to £13,000 from 7th October 2016.

Property Documents

  • Site Plan
    Updated Date
    21.01.15
    File Size
    56 KB
    View PDF
  • Catalogue Page
    Updated Date
    21.01.15
    File Size
    683 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Addleshaw Goddard LLP Sovereign House, Sovereign Street
Leeds
West Yorkshire
LS1 1HQ
Chloe Wilkinson 0113 209 7673chloe.wilkinson@addleshawgoddard.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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